Cryptocurrency has not only provided the fastest way to transfer money, but also a new company to trade and make money with, in addition to stocks and other commodities. Although you can sell and buy bitcoin directly, you can also use bitcoin trading exchanges to continue your cryptocurrency transactions. There are many exchanges where Bitcoin trading is safe and secure, and customers are facilitated with many advanced services. As a cryptocurrency investor or trader, you can choose one of the exchanges for your convenience. However, it is recommended that you look into the reviews of some before giving up. Below is a brief overview of the top Bitcoin exchanges around the world.
CoinBase: Probably one of the most renowned and largest bitcoin exchanges for dual-service trading directly and through the portfolio. CoinBase was founded in 2012 by finding businesses at Y-Combinator and has grown rapidly since then. It has many lucrative services such as multiple deposit and withdrawal options, cash transfers between two CoinBase are instant, Wallet facilities with multiple signing options for more secure transfers, bitcoin deposits are insured for any loss, etc. CoinBase has a wide variety of payment partners from Europe and the US that seamlessly allow transactions to be made through them. It has relatively low transaction fees and offers bitcoin trading along with a large number of Altcoin trades.
CEX.IO: One of the oldest and most renowned exchanges, launched in 2013, London as an exchange of bitcoin trading and also as a facilitator for cloud mining. Later, its mining power grew so much that it held almost half of its network capacity; however, it is already closed. CEX.IO allows customers to expand to a much larger number of bitcoin transactions and has the ability to immediately provide bitcoin at a stated price. However, for this stock exchange fee a little high exchange rate, but this is offset by the security and the ability to allow a multicurrency transaction (dollars, euros and rubles) to buy bitcoin.
Bitfinex: This is one of the most modern trading exchanges and is especially suitable for experienced cryptocurrency traders. With high liquidity for Ethereum as well as for Bitcoin, this exchange has better options such as funds utilization, margin financing and multiple order trading. In addition, Bitfinex offers features of a custom graphical interface, many types of orders, such as limit, stop, end stop, market, etc. This exchange also provides about 50 currency pairs that can be traded with easy withdrawals for everyone. One of the largest exchanges in terms of volume traded, Bitfinex offers a pseudonym for transactions and only some of the services that require identification. The only downside to this exchange is that it does not support the purchase of bitcoin or other altcoins through Fiat transactions.
Bitstamp: Founded in 2011, it is the oldest of the exchanges that offer cryptocurrencies and bitcoin transactions. Most respected, because even though she is the oldest, she has never been under threat for security and has been hiding lately. Bitstamp currently supports four currencies, Bitcoin, Ethereum, Litecoin and Ripple, and is also available with the mobile app, with the exception of the trading website. It has great support for European consumers or merchants who have their own account with Euro banks. Security is also an advanced type of cold storage, which means that coins are stored offline. So you can tell that no hacker can penetrate. Finally, its sophisticated user interface suggests that it is not for the novice user but for the professionals and offers relatively low transaction fees.
Kraken: This is one of the largest bitcoin exchanges in terms of liquidity, volume of cryptocurrency trading in euro and trading data for Canadian dollars, dollars and yen. Kraken is the most respected stock market, managed by the turmoil of cryptocurrency transactions and has managed to keep clients' amounts safe despite the fact that other exchanges have been hacked at the same time. With 14+ cryptocurrency trading facilities, the consumer can deposit fiat as well as cryptocurrency along with similar towing capacity. However, it is not suitable for beginners but still has better security features and lower transaction fees than CoinBase. The most important factor for Kraken is that it trusts the community and is the first to show the volumes and prices of the Bloomberg terminal.